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Egypt returns to LNG exports club seeking to sell cargoes

5 days ago DieselGasoil Comments Off on Egypt returns to LNG exports club seeking to sell cargoes
By Stephen Stapczynski, Anna Shiryaevskaya and Salma El Wardany on 3/15/2019 SINGAPORE and LONDON (Bloomberg) — Egypt indicated it’s ready to rejoin the club of major exporters of liquefied natural gas, making its biggest offer to supply the market in at least five years. The state gas company EGAS tendered to sell four cargoes of Read More

Environmental groups take France to court over climate change inaction

6 days ago DieselGasoil Comments Off on Environmental groups take France to court over climate change inaction
PARIS (Reuters) – Environmental groups including Greenpeace and Oxfam have filed an unprecedented court action against the French government, accusing it of insufficient policy actions to tackle climate change. FILE PHOTO: French President Emmanuel Macron addresses the United Nations Environmental Assembly (UNEA) in Gigiri, within Nairobi, Kenya March 14, 2019. REUTERS/Thomas Mukoya The groups aim Read More

Malaysia to keep bauxite mining on hold amid environmental impact studies

1 week ago DieselGasoil Comments Off on Malaysia to keep bauxite mining on hold amid environmental impact studies
A durian orchard remains untouched in an area exploited by bauxite mining companies in Kuantan, Malaysia, February 16, 2016. REUTERS/Olivia Harris KUALA LUMPUR (Reuters) – Malaysia said that bauxite miners must each conduct a study on the environmental impact of their sites in the country before receiving licences to restart operations, with a moratorium on Read More

TransGlobe Energy Corporation Announces Year End 2018 Financial and Operating Results

1 week ago DieselGasoil Comments Off on TransGlobe Energy Corporation Announces Year End 2018 Financial and Operating Results
CALGARY, Alberta, March 13, 2019 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. TransGlobe Read More

Final countdown: US diplomats given 72 hours to pull out of Venezuela

1 week ago DieselGasoil Comments Off on Final countdown: US diplomats given 72 hours to pull out of Venezuela
US diplomats are undermining Venezuelan peace and stability, the nation’s Foreign Minister Jorge Arreaza said, setting a deadline for them to vacate the embassy in Caracas. Washington vowed to hurry the evacuation of its mission. American diplomats must “abandon Venezuelan territory in the next 72 hours,” with the countdown starting at the “zero hour” on Tuesday, Read More

The US military ‘gets its ass handed to it’ in World War 3 simulation – researchers

1 week ago DieselGasoil Comments Off on The US military ‘gets its ass handed to it’ in World War 3 simulation – researchers
Military wargames carried out by RAND Corporation show that the US’ advantage is slipping. In a simulated ‘World War 3’ scenario, the world’s greatest military power loses decisively to Russia and China. RAND’s wargames pit the United States – depicted in blue on maps – against an imaginary aggressor, this time Russia and China. In Read More

Shares stabilize after worst week of year, Brexit stresses sterling

1 week ago DieselGasoil Comments Off on Shares stabilize after worst week of year, Brexit stresses sterling
LONDON (Reuters) – Talk of more stimulus from China helped world share markets regain some ground on Monday after a slew of disappointing economic data and growth warnings from central banks triggered their worst weekly performance so far this year. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Read More

North Korea 'restoring' rocket site after Trump nuclear talks collapse

2 weeks ago DieselGasoil Comments Off on North Korea 'restoring' rocket site after Trump nuclear talks collapse
By Aubrey Allegretti, news reporter North Korea is reportedly rebuilding facilities at a long-range rocket launch site that was recently dismantled as part of peace talks with the US. Roofs, walls and doors have been put up again at the Tongchang-ri complex, where several satellites have been launched over recent years. It has been dormant Read More

Oil drops towards $65 as Libya's biggest field restarts

2 weeks ago DieselGasoil Comments Off on Oil drops towards $65 as Libya's biggest field restarts
LONDON (Reuters) – Oil fell towards $65 a barrel on Tuesday, pressured by the restart of Libya’s biggest oilfield and on expectations for an increase in U.S. crude inventories. FILE PHOTO: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles north of the coast of Libya, October Read More